NOT LISTED FOR SALE

502 S Wabash Place Hobart, IN 46342

Estimated Value: $343,000 - $426,000

3 Beds
3 Baths
2,929 Sq Ft
$136/Sq Ft Est. Value

Last Sold August 12, 2022

Last sale price $371,000 $127 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $2,626/month

2 Days on Market

Highlights

  • Above Ground Pool
  • Deck
  • Ranch Style House
  • 0.69 Acre Lot
  • Recreation Room
  • Cathedral Ceiling

About This Home

As of August 2022

Welcome to this beautifully updated ranch on Wabash Place! This stunning 3 bed, 3 bath home has endless storage and makes great use of available space. Upstairs, the vaulted ceilings in the living room, dining room and kitchen make for a very open feel. The kitchen features newer black satin appliances, including a cook top and double oven, and a large island. There are 2 full baths, laundry room, and a beautiful 3 season porch upstairs as well. In the basement, there is a second living room and entertainment area along with another full bath and large laundry and utility room. Currently used for storage, there are 2 additional possible bedrooms downstairs also. In the garage, an attached garden storage area has its own entrance, and access the attic with pull down ladder. Outside, the beautifully landscaped backyard features a large above ground pool with wrap around deck. Call and schedule your showing today to see this property that has not been on the market in nearly 30 years!

Last Listed By

Marcus Staples

Better Homes and Gardens Real License #RB21001322 Listed on: 06/24/2022

Better Homes and Gardens Real

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,925

Year Built

  • Built in 1968

Lot Details

  • 0.69 Acre Lot
  • Lot Dimensions are 100 x 300

Parking

  • 2 Car Attached Garage
  • Garage Door Opener
  • Off-Street Parking

Home Design

  • Ranch Style House
  • Brick Exterior Construction
  • Vinyl Siding

Interior Spaces

  • 2,929 Sq Ft Home
  • Cathedral Ceiling
  • Living Room with Fireplace
  • Dining Room
  • Recreation Room
  • Sun or Florida Room
  • Basement

Kitchen

  • Double Oven
  • Gas Range
  • Microwave
  • Freezer
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • En-Suite Primary Bedroom
  • Bathroom on Main Level
  • 3 Full Bathrooms

Laundry

  • Laundry Room
  • Laundry on main level
  • Dryer
  • Washer

Outdoor Features

  • Above Ground Pool
  • Deck
  • Covered patio or porch

Utilities

  • Cooling Available
  • Forced Air Heating System
  • Heating System Uses Natural Gas

Community Details

  • Greenwood Terrace 2Nd Add #2 Subdivision
  • Net Lease

Listing and Financial Details

  • Assessor Parcel Number 450836427001000018

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,925

Year Built

Built in 1968

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Year Built: 1968
  • Co List Office Mls Id: GNR1775
  • Co List Office Mls Id: GNR1775
  • Subdivision Name: Greenwood Terrace 2nd Add #2
  • Architectural Style: Ranch/1 Sty/Bungalow
  • GNR_Exterior: Brick,Vinyl
  • GNR_UnfinishedSquareFootage: 1365
  • GNR_HeatSystem: Forced Air
  • GNR_HOAPOAAnnualAmount: 0
  • GNR_Septic: No
  • GNR_TotalLessBasement: 0
  • GNR_MunicipalWater: Yes
  • GNR_Well: No
  • GNR_TotalBathrooms: 3
  • GNR_FullBathrooms: 0
  • GNR_HalfBathrooms: 0
  • GNR_RealEstateOwnedYN: false
  • GNR_SewerYN: true
  • GNR_ShortSaleYN: false
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Double Oven, Dryer, Electric Range, Freezer, Gas Range, Microwave, Refrigerator, Washer
  • Interior Amenities: Cathedral/Vaulted Ceiling, Common Rec Room, Finished Laundry Rm, FP Living/Great Room, Main Bedroom Bath, Main Floor Bathroom, Main Floor Bedroom, Main Floor Laundry, Sun Room
  • Basement: Enclosed
  • Basement YN: Yes
  • Full Bathrooms: 3
  • Total Bedrooms: 3
  • Fireplaces: 1

Exterior Features

  • Exterior Features: Above Ground Pool, Porch-Covered, Deck, Patio
  • Acres: 0.69

Garage/Parking

  • Garage Spaces: 2
  • Parking Features: Attached, Garage Door Opener, Off Street

Utilities

  • Utilities: On
  • Cooling Y N: Yes
  • Heating: Natural Gas

Schools

  • Junior High Dist: Hobart

Lot Info

  • Lot Dimensions: 100 X 300
  • Lot Size Sq Ft: 30056
  • ResoLotSizeUnits: Acres
  • Parcel #: 450836427001000018
  • ResoLotSizeUnits: Acres

Tax Info

  • Year: 2021
  • Tax Annual Amount: 2925

Multi Family

  • Existing Lease Type: Net

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 24, 2022
Closed on
Aug 8, 2022
Sold by
Jankowicz Michael J and Jankowicz Karen A
Bought by
Lopez Daniel and Lopez Melissa
Seller's Agent
Marcus Staples
Better Homes and Gardens Real
List Price
$371,000
Sold Price
$371,000
Total Days on Market
2
Current Estimated Value
$398,101

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$27,101
Avg. Annual Appreciation
2.56%
Original Mortgage
$296,800
Outstanding Balance
$285,650
Interest Rate
5.51%
Mortgage Type
New Conventional
Estimated Equity
$112,451

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Lopez Daniel -- Fidelity National Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lopez Daniel $296,800
Previous Owner Jankowicz Michael J $22,452
Previous Owner Jankowicz Michael J $152,750
Previous Owner Jankowicz Michael J $20,800
Previous Owner Jankowicz Michael J $156,000
Previous Owner Jankowicz Michael J $87,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/12/2022 08/12/22 Sold $371,000 0.0% $127 / Sq Ft
06/26/2022 06/26/22 Pending -- -- --
06/24/2022 06/24/22 For Sale $371,000 -- $127 / Sq Ft
Source: Northwest Indiana Association of REALTORS®

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $15,594 $372,500 $48,900 $323,600
2023 $3,049 $382,000 $39,400 $342,600
2022 $3,049 $243,400 $39,400 $204,000
2021 $2,734 $216,900 $35,600 $181,300
2020 $2,553 $208,200 $35,600 $172,600
2019 $2,678 $200,400 $35,600 $164,800
2018 $2,824 $191,100 $35,600 $155,500
2017 $2,826 $188,600 $35,600 $153,000
2016 $2,714 $190,000 $35,600 $154,400
2014 $2,775 $188,900 $35,600 $153,300
2013 $2,835 $192,100 $35,600 $156,500
Source: Public Records

Agents Affiliated with this Home

  • Marcus Staples

    Seller's Agent in 2022

    Marcus Staples

    Better Homes and Gardens Real

    (219) 433-5002

    5 in this area

    67 Total Sales

    Marcus Staples
    Section Image
  • Eric Siedschlag

    Seller Co-Listing Agent in 2022

    Eric Siedschlag

    Better Homes and Gardens Real

    (219) 218-4863

    6 in this area

    94 Total Sales

    Eric Siedschlag
    Section Image
See All Agents

Map

Source: Northwest Indiana Association of REALTORS®

MLS Number: GNR515067

Northwest Indiana Association of REALTORS®

APN: 45-08-36-427-001.000-018

Indiana Lake County Hobart 46342

502 S Wabash Place, Hobart, IN

Homes for Sale in Hobart, IN

This home is located at 502 S Wabash Place, Hobart, IN 46342 since 24 June 2022 and is currently estimated at $398,101, approximately $135 per square foot. This property was built in 1968. 502 S Wabash Place is a home located in Lake County with nearby schools including Hobart High School, Hobart Baptist School, and Trinity Lutheran School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Northwest Indiana Association of REALTORS® Copyright 2025 MuItiple Listing Service of the Northwest Indiana Realtors Association Multiple Listing Service (NIRA MLS). All rights reserved. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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